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3.7 Fundraising Expenses
Fundraising expenses may be substantial for clinics that have a significant shortfall
between operating expenses and revenue and for clinics that require additional
funding for future expansion or renovation. On the other hand, for clinics
that are staffed mainly by volunteers, that are supported financially by a
larger parent organization, or that have sufficient patient care or grant revenue
to meet current operating expenses, fundraising expenses may be minimal.
Typical fundraising expenses include the following:
- Wages of fundraising staff, including
support staff.
- Preparation and printing of solicitation
materials, including donor letters, newsletters, and promotional
materials.
- Web site development and maintenance.
- Establishment and maintenance of donor
database.
- Postage and mailing expenses.
- Expenses of fundraising events, including
staff time and supplies.
Regardless of the size of the fundraising program, a separate accounting
of fundraising expenses (and revenue) is needed. Clinic managers have
to assess the cost vs. the effectiveness of the fundraising effort to
determine which fundraising activities “pay their way.”
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